Epson announces new slip printer for transaction processing

Business Wire, Dec 3, 1996

DALLAS--(BUSINESS WIRE)--Dec. 3, 1996--

Wide Slip Capability and MICR Option Are Ideal For Banking

Industry

A leader in the transaction processing industry, Epson introduced its newest small footprint slip printer, the TM-U590, at the BAI Retail Delivery show Tuesday.

Backed by Epson quality and reliability, the TM-U590 has a wide print column capacity of 88 and 66 columns, respectively. The TM-U590 features an internal customer-display mount and is compatible with Epson's line of IT intelligent POS peripherals.

Epson's IT has a unique modular design that is ideal for banks requiring a complete transaction processing system in a small space-saving footprint. By combining one of Epson's ITs with the new TM-U590 printer, banks can tailor a system to meet their individual institution's needs.

"The TM-U590 can be used in a wide variety of transaction processing applications with its wide slip capability, which is ideal for A4-size documents," said Bud Weist, business unit director, Epson. "The TM-U590 also has a MICR reading option for check validation."

Other features include print fonts of 7x9 and 9x9, a print speed of 2.8 for 88 columns of print and 4.9 for 40 columns and the capability to produce an original plus four copies for added convenience. The TM-U590 has an MCBF of 8 million lines and conforms to all the industry safety standards.

The TM-U590 is currently available and carries an MSRP of $ 808.

Epson offers an array of technology products for the OEM market including liquid crystal displays (LCDs), PCMCIA cards, handheld computers, point-of-sale printers and intelligent terminals. For the consumer and business markets, Epson offers an extensive array of image-capture and image-output products.

Founded in 1975, Epson America, Inc. is an affiliate of Seiko Epson Corporation, a global manufacturer and supplier of high quality technology products that meet customer demand for increased functionality, compactness, systems integration and energy efficiency.

Epson America has headquarters in Torrance, Calif. For more information on OEM products, please call 310/787-6300 or visit our corporate Website at http://www.epson.com -0- Note for Editors: Brand or product names are trademarks or registered trademarks of their respective holders.

CONTACT: Epson

Janette Reynolds, 310/782-5161

janette_reynolds@ea.epson.com

or

Base One Marketing

Julie O'Brien, 310/792-1877

j_obrien@base1.com